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5402-5488 W Broad St
Richmond, VA 23230
Willow Place Shopping Center · Retail Property For Lease · 8,592 SF

Highlights

  • Prime placement along West Broad Street with 28,000 VPD and signalized access points.
  • Surrounded by a dense residential population and the expanding Libbie Mill Midtown development.
  • Convenient access to I-64 and proximity to downtown Richmond business districts.
  • Anchored by HomeGoods and featuring regional and national retail brands.
  • Strong retail synergy with nearby Target, PetSmart, Kroger, and other major brands.

Property Facts

Total Space Available 8,592 SF
Min. Divisible 1,280 SF
Center Type Neighborhood Center
Parking 289 Spaces
Center Properties 3
Frontage Broad St
Gross Leasable Area 93,592 SF
Total Land Area 13.20 AC
Year Built 1993

About the Property

Willow Place offers a premier retail leasing opportunity along West Broad Street, one of Richmond’s most established and heavily trafficked commercial corridors with over 28,000 vehicles per day. Recently redeveloped, the center delivers exceptional visibility with multiple signalized access points and strong connectivity to Libbie Avenue and I-64. The location sits at the core of Henrico’s retail hub, proximate to Libbie Mill Midtown, a major mixed-use development housing up to 1,600 planned residential units and 1 million square feet of commercial space. National co-tenants such as HomeGoods and First Watch anchor the property, alongside Shake Shack, McDonald’s, and Virginia Credit Union. This dynamic mix, coupled with nearby big-box retailers including Target, PetSmart, Barnes & Noble, and Kroger, ensures steady consumer traffic. Shops are available in both inline and end-cap configurations, with junior anchor space options designed for versatile retail concepts. Willow Place represents a high-traffic, high-visibility location in a rapidly growing mixed-use corridor, offering businesses the reach and presence needed to thrive.

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection
  • Listing ID: 20416646

  • Date on Market: 1/20/2023

  • Last Updated:

  • Address: 5402-5488 W Broad St, Richmond, VA 23230

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